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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #11,901
  • May 5, 2011 12:30pm May 5, 2011 12:30pm
Quoting wormboy
All that bollocks about euro to the moon lol
..

Inserted Video
Thank You
  • #11,902
  • May 5, 2011 12:32pm May 5, 2011 12:32pm
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
I am so annoyed with myself....reason obvious..
well another day another trade maybe...expecting 142 now..


Quoting ams
sorry mate,,, just watch every currency has tanked since past 2 days..euro has to contribute it's fair share. I am short from 4880 with SL @ 4950 target 145. Let's see. If it goes higher without rate rise then we will tank it from the top :-)
ta
ams
  • #11,903
  • May 5, 2011 4:57pm May 5, 2011 4:57pm
Quoting chazzle
Long GU 16380 SL 16320
closing 16405
  • #11,904
  • May 5, 2011 4:57pm May 5, 2011 4:57pm
Quoting chazzle
Long EU 14525 SL 14450
closing 14560
  • #11,905
  • May 5, 2011 7:48pm May 5, 2011 7:48pm
Quoting wormboy
kthanksbye
House girls
  • #11,906
  • May 6, 2011 12:08am May 6, 2011 12:08am
Hello fellas,

today I will wait til NFP release, but looking at the cable, I am now waiting for BO and close below 1,6350 for confirmation of H&S... Anyone agree? comments are welcome
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 187 KB
  • #11,907
  • May 6, 2011 12:12am May 6, 2011 12:12am
Looks like for today NFP will either be below or neutral, which will allow for a rebound on yesterdays risk aversion, which was crazy anyway.

Today EU options levels: put 1.4494 4438 4420 call 4563 4580 and behold 4870. Looks like big money is positioning for a strong rebound on EU, I will only enter long positions today anyway.

GU is a bit of a turn down really on options levels. put 6380 6330 6320 and call 6430 6440 and 6550. What that kinds indicated is that downside is limited and upside is capped by previous support, now looking to be tested as support level.

I'd be looking for PA to close higher on majors this week and look for signals to short sell next week, as it's pretty obvious that USDX is on a path to the reversal now.
  • #11,908
  • May 6, 2011 12:16am May 6, 2011 12:16am
Quoting scurt
Hello fellas,

today I will wait til NFP release, but looking at the cable, I am now waiting for BO and close below 1,6350 for confirmation of H&S... Anyone agree? comments are welcome

hi my friend...

i am not going to trade today.... as i don't thinkt there will be anything interesting and i will be here just for half London session.

Anyway... the neckline on that H&S that u pointed was already broken (around 6450), so eventually check even the possibility for price to retest that neckline and then continue on the downside. Remember as well that the area around 6340 has been difficult to break (have a look at the 4h chart).

trade safe my friend... have a good one!
I don't want a job, i want money!
  • #11,909
  • May 6, 2011 12:16am May 6, 2011 12:16am
This H&S looks seriously mutated, so I won't bet on it, since it's not uniform. I'd say downside on cable capped by 6350 and upside is limited by 6560-6580 for today. I'm going long only today, according to options setup traders are looking for a rebound.
  • #11,910
  • May 6, 2011 12:35am May 6, 2011 12:35am
light crude 96-98 key area, if that won't trigger a reversal, we are toast.
  • #11,911
  • May 6, 2011 12:48am May 6, 2011 12:48am
Quoting scurt
Hello fellas,

today I will wait til NFP release, but looking at the cable, I am now waiting for BO and close below 1,6350 for confirmation of H&S... Anyone agree? comments are welcome
... support down there , Scurt - looking for longs here
Attached Image (click to enlarge)
Click to Enlarge Name: lll.jpg Size: 105 KB
  • #11,912
  • May 6, 2011 12:52am May 6, 2011 12:52am
Quoting chazzle
... support down there , Scurt - looking for longs here
Long 16357 SL 16277
  • #11,913
  • May 6, 2011 12:58am May 6, 2011 12:58am
Quoting chazzle
Long 16357 SL 16277

i watch this thread rather often so it happens that latest messages are not older than 3-4 minutes but... everytime i see your call, price is already 20 pips over your entry!!

AGAIN.... either that is vodoo or u control price with a remote
I don't want a job, i want money!
  • #11,914
  • May 6, 2011 1:05am May 6, 2011 1:05am
Quoting dario1002
AGAIN.... either that is vodoo or u control price with a remote
it did go to 377 on the bid didn't it? - usually would have taken it - looking for a bit more from this one ....
  • #11,915
  • May 6, 2011 1:07am May 6, 2011 1:07am
the ugly truth is that crude is below 95 heading towards to 88 and we are still sliding lower
  • #11,916
  • May 6, 2011 1:08am May 6, 2011 1:08am
Quoting chazzle
looking for a bit more from this one ....
... just glad there's no news out today to ruin my plans
  • #11,917
  • May 6, 2011 1:12am May 6, 2011 1:12am
GU PPI Input m/m not a market mover today?
  • #11,918
  • May 6, 2011 1:15am May 6, 2011 1:15am
Quoting ruffryders
the ugly truth is that crude is below 95 heading towards to 88 and we are still sliding lower
Support @ 93 from Jan/Feb highs?
  • #11,919
  • May 6, 2011 1:15am May 6, 2011 1:15am
thanks for comments, will stand aside till next week, just observe PA and NFP.

All the best...
  • #11,920
  • May 6, 2011 1:17am May 6, 2011 1:17am
looks more like 2008-style rails kicking hard, so I'd stake on bankers level 786-886, which is kinda close to 88
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